301 - 1055 Richards Street, Vancouver, V6B 0C2 — photo 1

$628,000

301 - 1055 Richards Street, Vancouver, V6B 0C2
Active
1 Bedrooms 1 Bathrooms 579 sqft Built 2009 Residential

About This Property

Experience luxury living at The Donovan, an exclusive development by the esteemed Cressey Group. This meticulously maintained 1 Bed + Den residence offers a bright, open, and highly functional layout, perfect for modern living. Features of the home: geothermal heating and AC cooling ensuring year-round climate control, integrated Miele appliances, quality engineered hardwood flooring, recessed lighting, and contemporary designer finishes. Floor-to-ceiling windows and a generous balcony overlook tranquil, leafy terrace views. Donovan by award-winning Cressey is renowned for its attention to detail and first-class amenities, including an elegant lobby, fitness centre, lounge, yoga room, steam room, and sauna. Includes 1 parking and 1 storage. Private showings by request.

Storage Locker

Property Details

MLS #

R3075118

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

DD

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

579 sqft

Main Floor

579 sqft

Year Built

2009

Age

17 years

Roof

Other

Construction

Concrete Frame, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground, Rear Access, Garage Door Opener

Original Price

$649,900

Strata Fee

$442.82/mo

Taxes

$2,092/yr

Listed

2025-12-29

MLS Area

Downtown VW

City

Vancouver

Postal Code

V6B 0C2

Subdivision

The Donovan

Features & Finishes

Heating

Geothermal

Cooling / A/C

Central Air · Air Conditioning

Flooring

Hardwood · Tile

Appliances

Washer/Dryer · Dishwasher · Disposal · Refrigerator · Stove · Microwave · Oven

Laundry

In Unit

Security

Fire Sprinkler System

Windows

Window Coverings

Interior Features

Elevator · Storage

Exterior Features

Balcony

Building & Community

Total Units

152

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allowed

Strata Mgmt Co.

RANCHO

Transit

CLOSE

Schools

CLOSE

Lot Features

Central Location, Marina Nearby, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Septic Tank, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Clubhouse · Exercise Centre · Sauna/Steam Room · Caretaker · Trash · Maintenance Grounds · Gas · Management · Snow Removal · Water

Disclosures

Property Disclosure

Yes

Coordinates: 49.277509, -123.122080 · Map data © Google

6.6

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market14% above market $/sqft
Days on market126 days — significantly stale, strong negotiation position
Price historyPrice dropped 3% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$596,556

5% below asking price

Negotiation Range

$580,856$605,976

$25,120 spread

$580,856$628,000 ask

Based on 82 recent sales, a starting offer around $596,556 (5% below ask) is reasonable. Your negotiation range is $580,856 – $605,976.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 3% off original ask — indicates motivation
Extended market time126 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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